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Tuesday, November 5, 2024

What happened to the median home price in Stallings (Union County) during May 2020?

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The median sale price of a home sold in May 2020 in Stallings in Union County rose by $47,500 while total sales decreased by 41.7%, according to BlockShopper.com.

In May 2020, there were 14 homes sold, with a median sale price of $315,000 - a 17.8% increase over the $267,500 median sale price for the same period of the previous year. There were 24 homes sold in Stallings in May 2019.

The median sales tax in Stallings for the most recent year with available data, 2019, was $2,133, approximately 0.7% of the median home sale price for May 2020.

The following table compares Stallings to other Union County cities with similar median sale prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Weddington69-33.3%$687,500$660,0004.2%
Marvin1112-8.3%$620,000$805,500-23%
Matthews440%$487,500$347,00040.5%
Waxhaw4561-26.2%$450,000$390,00015.4%
Wesley Chapel990%$420,000$410,0002.4%
Stallings1424-41.7%$315,000$267,50017.8%
Indian Trail4362-30.6%$262,000$278,750-6%
Monroe3355-40%$226,000$215,0005.1%
Fairview24-50%$218,500$320,000-31.7%
Unionville550%$205,000$259,000-20.8%
Marshville105100%$187,500$199,000-5.8%
* This story only considers sales data for the part of Stallings that is in Union County.

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